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Crypto Industry Flexes Muscle: Lobbying Group Demands SEC Clarity on Staking Regulations
Crypto Industry Flexes Muscle: Lobbying Group Demands SEC Clarity on Staking Regulations
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Wall Street’s favorite punching bag strikes back—this time with paperwork.
The Crypto Council for Innovation (CCI) fired a formal missive to the SEC today, demanding clear rules for staking services. No more regulatory whack-a-mole—the industry wants to know which blockchain yield products will get labeled as securities.
Behind the velvet rope: Institutional players are itching to deploy capital, but won’t touch staking until the SEC stops playing Calvinball with enforcement actions.
The subtext? A not-so-subtle power play as crypto lobbyists shift from defense to offense. After all, nothing moves bureaucracy faster than a few billion in sidelined institutional money—except maybe Jamie Dimon’s private jet schedule.
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